PPP Loan information for Newton professional purchasing, inc.

$144,000

Newton professional purchasing, inc. was initially approved for PPP Loan of amount $144,000, the current approved amount is $144,000. The loan was approved on 04/03/2020 by The FNNB Bank reported 16 jobs and $144,000 was used to fund payroll.

Newton professional purchasing, inc. is Existing or more than 2 years old

PPP Loan Search / IA / NEWTON / Newton professional purchasing, inc.

NEWTON PROFESSIONAL PURCHASING, INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NEWTON PROFESSIONAL PURCHASING, INC.

Borrower Address

623 N 19th Ave E

Borrower City

NEWTON

Borrower State

IA

Borrower Zip

50208-1853

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144000.00

Current Approval Amount

144000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25307

Servicing Lender Name

FNNB Bank

Servicing Lender Address

100 N 2nd Ave W

Servicing Lender City

NEWTON

Servicing Lender State

IA

Servicing Lender Zip

50208-3246

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

JASPER

Project State

IA

Project Zip

50208-1853

CD

IA-01

Jobs Reported

16

NAICS Code

423460

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

144000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25307

Originating Lender

FNNB Bank

Originating Lender City

NEWTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

145057.32

Forgiveness Date

01/07/2021

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